How to Buy DigitalBits (XDB)

A Step-by-Step-Guide on how to buy DigitalBits (XDB)

Step 1 – Signup to Kraken

You'll first need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. DigitalBits (XDB) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you've chosen the precise coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate DigitalBits (XDB)

As soon as your deposit has been verified, you will directly have access to your funds and you can start invest and trading. To buy DigitalBits (XDB) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to discover DigitalBits (XDB), you'll need to insert the short name of the asset (XDB) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “XDB/BTC” to go ahead.

Binance Hot To Buy DigitalBits (XDB)
Binance How to Buy (XDB) DigitalBits
Step 4 – Purchasing DigitalBits (XDB)

Once you have located DigitalBits (XDB), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order.

The ”Price” field will be filled with the most latest valuation DigitalBits (XDB) was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of XDB you want to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the whole quantity of XDB.

If you're satisfied, make a mouse click on “Buy XDB”. Your order will be filled as soon as a Seller sells their XDB for the price you gave.

Step 5 – Withdraw DigitalBits (XDB)

Unless you're regularly trading, never keep your crypto on an Exchange for an longer time frame. To withdraw your DigitalBits (XDB), hover over the ”Funds” tab and click on “Withdraw”. DigitalBits (XDB) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find DigitalBits (XDB) by using the provided drop-down box. Drop in the quantity of DigitalBits (XDB) you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Binance Withdraw

Congratulations! You've successfully purchased and stored DigitalBits (XDB).

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (XDB) DigitalBits is safe in your wallet, you are done.
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